Soumya Brijesh
Tips for a new 8plex landlord
Hello All,
I am closing on an 8plex in 3 days. I am going to self manage this property. So my first stint in Property management. The 8plex is 100% occupied. I would love to hear your thoughts on what should I be do...
Brandon Proctor
Some what Motivated Sellers property (with pics)
So here is a property in which the owner seems to want to sell but not quite desperate to sell. He has it listed on MLS until the 13th of this month and the listing price is at 85k which is too high obviously.I asked...
Jeremy Williams
Criteria for refinancing
Hypothetically I've been approved for a $70,000 loan being 70% of the purchase price of a duplex with an arv of $120,000 . once I'm into this property and I complete the required 5,000 in rehab, I'm heading to the ban...
Brian Smith
LLC's, QBI, and covering your ASSets!
So let me start with the back story and present situation... I own 4 long term rentals, and 1 short term rental out of state. I'm in the process of closing on a second out of state short term rental, and I self manage...
Kristopher Rodriguez
Question involving Capital Gains, 1031 Exchange, Seller Financing
Hello to all! Thank you in advance for reviewing my question. My question involves three parts: Capital Gains tax liability, a 1031 exchange, and seller-financing. Here is the scenario:
- Investor purchases a propert...
Nicole A.
How do you handle your water bills in Maryland for SFH?
I recently finished up renovation on my first single-family property. Now it's going on the rental market and I realize that I have a different choice with how to handle the water bill than with my multi-units that do...
Nicole Stoddard
Self-Directed IRA in Utah or Idaho?
Hi - I'm looking for a bank or credit union that offers the Self-Directed IRA products and services. Looking in Utah or Idaho . . . any suggestions?
Shelby Shaw
Outlets sparking, landlord will not fix.
I have a friend in California who is having issues with the home she is renting. She has told the landlord and they will not fix the problems.
1. The heater doesn't work, they are having to use portable heaters to k...
Brady Miller
Understanding rules for 401k and entities - multiple funds?
Hi - I'm trying to wrap my head around the relationships and rules about a potential solo 401k through my full time job (non-real estate: Business A) and a future real estate investment business, specifically notes (B...
Bryan Lynch
Is tax taken out of the gain in buy and sell or just the profit?
Hey Guys! I am currently in my first flip and things are going great! Bought at 165000 and about to hit the market for 320ish. I did however have about 44k in rehab. I owe 155*** and have another 30k in down paymen...